UWM Holdings Reported Net Income Of $76.3 Million During Q2 2024
Net income dropped from Q1 2024's $180.5 million.
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Tagged: United Wholesale Mortgage (UWM)
UWM Sets Record Q1 Purchase Volume Of $22.1 Billion In Latest Earnings
UWM's purchase volume saw a 7% increase from last quarter and a 15% increase YOY.
UWM, UMortgage Under Attack For Alleged Shell Scheme
A report released on April 25 by the hedge-funded media company alleges UWM set up a shell company, UMortgage.
Apr 25, 2024
UWM Accuses Rocket Again Of Ties To Hunterbrook Report
In a statement released on LinkedIn on Tuesday, UWM also offered legal support for its partners.
Rocket Responds To Claims From UWM CEO Ishbia
UWM CEO Claims Rocket is behind the attack; Rocket denies the allegation
Borrowers File Class Action Lawsuit Against UWM
Plaintiffs claim that UWM cheated hundreds of thousands of borrowers out of billions of dollars.
UWM to Cover Upfront Costs of Credit Pulls for Broker Partners
UWM's move comes amid rising credit report charges, providing relief to LOs.
Mar 13, 2024
Wholesale Channel Sees Significant Growth, Reflecting Shifting Trends in Mortgage Sector
UWM attributes the surge in the wholesale channel's growth to increased consumer confidence in independent mortgage brokers, citing significant cost savings and expanded lender options for borrowers.
Mar 07, 2024
United Wholesale Mortgage Reports Fourth Quarter Loss Of $461 Million, But Remains Bullish For 2024
UWM Chairman and CEO Mat Ishbia optimistic despite financial setback, cites operational profitability and broker dominance.
Feb 28, 2024
United Wholesale Mortgage Sues for Breach of Contract and Trademark Infringement Over Facebook Page
UWM alleges Ramon Walker used social media to unfairly promote competitors and misuse trademarked material, marking the latest in a series of legal battles.
Feb 15, 2024